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List of best luxury brand dissertation topics for 2020.
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Is there a consensus on the meaning of luxury?
The only consensus on the meaning of luxury is that there is little consensus” (Hennigs et al. 3). For an industry that once presented itself as so exclusive and definitive, it is hard to believe there is
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What makes a luxury goods a luxury good?
“A luxury good exists if the income elasticity of demand is positive and greater than one” (Economic Glossary 2008). “Luxury goods markets are characterized by very high sensitivity to economic upturns and downturns, high profit margins and very tightly controlled brands” (WordIQ 2010).
Is the concept of luxury from a consumer culture perspective?
Thus, the study conceptualises luxury from a consumer perspective, wherein meanings are understood as resulting from luxury consumption practices adopted by diverse sets of consumers across cultures.
Last Update: Oct 2021
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